【Breaking News】"Trump Coin" Takes Off Across Chains! $200 Million Backing, Is a Stablecoin Revolution Coming?
A new storm brewing in the stablecoin market. The stablecoin USD1, allegedly linked to the "Trump camp," has achieved seamless circulation across multiple mainstream blockchains through Chainlink's Cross-Chain Interoperability Protocol (CCIP).
USD1: More Than Just a Dollar-Pegged Stablecoin
USD1 is backed by U.S. Treasury bonds and custodial cash, with a market capitalization exceeding $2 billion. Although still a newcomer compared to giants like Tether, its backing by real assets and strong cross-chain capabilities have rapidly increased its popularity.
With Chainlink's CCIP, USD1 can now be freely transferred across several blockchains, including Ethereum and the BNB Chain. Compared to the frequent security incidents associated with previous cross-chain bridges, this collaboration significantly enhances the safety of using stablecoins.
A New Attempt to Connect Traditional Finance and DeFi
Zak Folkman, co-founder of World Liberty Financial, stated that USD1 is becoming a key bridge connecting traditional finance and decentralized finance. This is not just talk; it has already achieved functionality on-chain and is aimed at bridging off-chain assets.
Caught in a Political Storm? Controversy Remains
While USD1 has performed impressively, it is also under investigation by U.S. senators due to its close ties to the Trump family, which may involve conflicts of interest. Although the company's lawyers strongly deny this, the controversy undoubtedly increases its exposure.
An "On-Chain Tool" for Ordinary Users?
For ordinary crypto users, this represents a clear benefit: safer and freer cross-chain operations for stablecoins. There’s no need to worry about losing coins during bridging, and users are no longer limited to a single chain network, making payments, trading, and asset allocation much more convenient.
**Summary in One Sentence:** This is not only a leap in stablecoin technology but may also mark the beginning of a new round of political and financial games. Is USD1 an opportunity or a risk? Are you ready to take a stand?